NIFTY LEVELS TODAY.

My dear Viewers,

Here is your free Nifty analysis for 17-06-2009.
Nifty was volatile yesterday.Nifty touched low of 4405 and closed at4517.95.
Nifty is unable to pierce 4600 with confidence repeatedly and this shows that Nifty is facing selling pressure at the region of 4520 to 4600. So it is better always to be on safe side by hedging or fixing stop loss while trading.
Resistances are4530,4555,4575, 4587,4600,4611,4638,4655,4693.
Supports are4509,4484,4470,4428,4409,4384,4365,4355,4319,4270.

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Disclaimer: Please take trading position based on your own analysis. The suggestion given above may not yield profit and the author is not responsible for any loss.